Chinese lidar maker Hesai lands $300M led by Hillhouse, Xiaomi, Meituan The rush to back lidar companies continues as more automakers and robotaxi startups include the remote sensing method in their vehicles. Latest to the…
Apple’s new encrypted browsing feature won’t be available in China, Saudi Arabia and more: report Apple announced a handful of privacy-focused updates at its annual software developer conference on Monday. One called Private Relay particularly piques the interest of…
China’s drive to compete against Starlink for the future of orbital internet There has been a wave of businesses over the past several years hoping to offer broadband internet delivered from thousands of satellites in low-earth…
Indonesian healthcare startup Prixa raises $3M led by MDI and TPTF Indonesian healthcare startup Prixa has raised $3 million led by MDI Ventures and the Trans-Pacific Technology Fund (TPTF), with participation from returning investors including…
Investors race to win early-stage startup deals in India India may be grappling with the second wave of the coronavirus, rising unemployment, and a dwindling economy, but the South Asian nation’s burgeoning startup…
Locus raises $50 million for its logistics management business Locus, a startup that uses AI to help businesses map out their logistics, said on Wednesday it has raised $50 million in a new…
Home services platform Urban Company raises $255 million at $2.1 billion valuation Home services marketplace Urban Company said on Wednesday it has raised $255 million in a new financing round and confirmed a valuation of $2.1…
Line launches digital banking platform in Indonesia Line Corporation, best known for its messaging app, launched a digital banking platform in Indonesia today. This means Japan-based Line Corp. now offers banking…
Singapore-based D2C dental brand Zenyum raises $40M Series B from L Catterton, Sequoia India and other investors Zenyum, a startup that wants to make cosmetic dentistry more affordable, announced today it has raised a $40 million Series B. This includes $25…
Tencent helps Chinese students skip prohibitively low speeds for school websites overseas Hundreds of thousands of Chinese students enrolled in overseas schools are stranded as the COVID-19 pandemic continues to disrupt life and airlines worldwide. Learning…
Jai Kisan, a fintech startup aimed at rural India, raises $30 million Jai Kisan, an Indian startup that is attempting to bring financial services to rural India, where commercial banks have a single-digit penetration, said on…
Indian logistics giant Delhivery raises $277 million ahead of IPO Delhivery, India’s largest independent e-commerce logistics startup, has raised $277 million in what is expected to be the final funding round before the firm…
Alibaba is making its cloud OS compatible with multiple chip architectures Alibaba’s cloud computing unit is making its Apsara operating system compatible with processors based on Arm, x86, RISC-V, among other architectures, the company announced at…
Meet Justos, the new Brazilian insurtech that just got backing from the CEOs of 7 unicorns Here in the U.S. the concept of using driver’s data to decide the cost of auto insurance premiums is not a new one. But…
Facebook, WhatsApp, Google and other internet giants comply with India’s IT rules Google, Facebook, Telegram, LinkedIn and Tiger Global-backed Indian startups ShareChat and Koo have either fully or partially complied with the South Asian nation’s new…
Amazon is now letting Indians read magazine articles in its shopping app Amazon, in its ever-growing desire to become a super app in India, is testing a new category to persuade users to spend more time…
Twitter says concerned with India intimidation, requests 3 more months to comply with new IT rules Twitter called the recent visit by police to its Indian offices a form of intimidation and said it was concerned by some of the…
Tesla will store Chinese user data locally, following Apple’s suit The handling of user data in China has become a delicate matter for foreign tech companies operating in the country. Apple’s move to store…
US removes Xiaomi’s designation as a Communist Chinese Military Company Xiaomi, one of China’s high-profile tech firms that fell in the crosshairs of the Trump administration, has been removed from a U.S. government blacklist…
Tiger Global leads $30 million investment in Indian Twitter rival Koo Investors are backing Koo, an Indian alternative to Twitter, with large size checks at a time when tension is brewing between the American social…